672. News: Will Goldman Sachs call time on Marcus?
Fintech Insider Podcast by 11:FS
Is Goldman a Leader in Retail Banking?
Goldman Sachs has 13 million customers in the UK. The bank moved into retail banking as a source of funds to raise capital. But now some managers are saying, 'This is not a good return on investment' Benjamin Graham: What Goldman has achieved has been impressive but it's come at a cost.
Our expert hosts, Ross Gallagher and Benjamin Ensor, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week.
This week's guests include:
- Oliver Smith, Managing Editor, AltFi
- Anita Ramaswamy, Senior Reporter, Techcrunch
With soundclips from:
- Mauricio Magaldi, Crypto, 11:FS
We cover the following stories from the fintech and financial services space:
- Is Goldman Sachs ready to pull the rug on Marcus? - 4:10
- PayPal decides fining people $2,500 for 'misinformation' wasn't a great idea - 15:08
- Affirm is working on credit card-like bonus points for its payment product - 27:10
- How India's proposed digital rupee would be different from cryptocurrency - 38:00
- Egypt’s Algebra Ventures completes first close of $100m for its second fund - 49:25
- Martin Lewis hits out Deliveroo for buy now pay later scheme - 50:45
- Digital receipts start-up Flux closing down - 52:20
- Damien Hirst burns artworks after collectors pick their NFTs instead - 54:20
This episode is sponsored by Tink
Open banking can pave the way for faster and more responsible lending practices, that are robust on risk and financially inclusive. As the leading open banking platform, Tink is powering banks and fintechs to transform lending. To find out more, and read Tink’s new Lending Unlocked report, go to tink.com/11fs.
This episode is sponsored by LinkedIn
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Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It’s hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking.
If you enjoyed this episode, don't forget to subscribe and please leave a review
Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com!
Special Guests: Anita Ramaswamy, Mauricio Magaldi, and Oliver Smith.
Links:
- Is Goldman Sachs ready to pull the rug on Marcus?
- PayPal decides fining people $2,500 for 'misinformation' wasn't a great idea
- Affirm is working on credit card-like bonus points for its payment product
- How India's proposed digital rupee would be different from cryptocurrency
- Egypt’s Algebra Ventures completes first close of $100m for its second fund
- Martin Lewis hits out at Deliveroo for buy now pay later scheme
- Digital receipts start-up Flux closing down
- Damien Hirst burns artworks after collectors pick their NFTs instead
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